Developer Drawbridge Realty has broken ground on a speculative office development in Rancho Bernardo in San Diego. This is the developer's first speculative office development in more than a decade. The project will cost an estimated $30 million and is expected to deliver in January 2023.

Located at 16707 Via Del Campo Court, the property will feature 27,000 square foot floor plates and 15-foot ceiling heights. This format will support a mix of lab and office space. The property will also feature large window lines for natural light, four parking spaces per 1,000 square feet and a third-floor patio with views of the surrounding valley and hills.

HED Architects is designing the property, and BN Builders is serving as the general contractor on the construction project. JLL's Jay Alexander, Tim Olson and Greg Moore will oversee leasing efforts for the property. Alexander has said that the building's modern design will attract a variety of uses, from tech companies to life science to traditional office users.